US Launches $20B Maritime Reinsurance Program for Gulf
Trump administration, DFC coordinate emergency $20 billion facility to restore vessel coverage as P&I clubs abandon Gulf.
US Government Activates Emergency Maritime Insurance Response
The Trump administration has launched an emergency $20 billion maritime reinsurance facility designed to restore insurance coverage for vessels operating in the Persian Gulf region after major underwriters suspended standard policies covering the area. The Development Finance Corporation (DFC)…
